S.Amdt. 1120
What it does: Adds SEC. __. REPORT ON FARM RISK MANAGEMENT PROGRAMS on page 1111, line 20
Sen. Mike Johanns (R-NE)What it changes
1 change to S. 954
Adds SEC. __. REPORT ON FARM RISK MANAGEMENT PROGRAMS on page 1111, line 20
Adds a sectionPrinted pageInserted: SEC. __. REPORT ON FARM RISK MANAGEMENT PROGRAMS.
Inserted: (a) In General.--Not later than December 1, 2014, and each December 1 thereafter until December 1, 2017, the Secretary, acting through the Chief Economist, shall submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a report that analyzes--
Inserted: (1) the impact of the agriculture risk coverage program under section 1108;
Inserted: (2) the interaction of that program with--
Inserted: (A) the adverse market payment program under section 1107;
Inserted: (B) the marketing loan program under subtitle B of title I;
Inserted: (C) the supplemental coverage option under section 508(c)(3)(B) of the Federal Crop Insurance Act (7 U.S.C. 1508(c)(3)(B)) (as added by section 11001); and
Inserted: (D) other Federal crop insurance programs;
Inserted: (3) any distortion caused by the programs described in paragraphs (1) and (2), and any other farm programs as determined by the Chief Economist, on planting and production decisions; and
Inserted: (4) any overlap or substitution caused by the programs described in paragraphs (1) and (2)(A) with Federal crop insurance.
Inserted: (b) Summary.--Not later than June 1, 2018, the Secretary shall submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a summary report that analyzes the issues described in subsection (a) over the period of crop years 2014 through 2017.
Inserted: (c) New Products.--The Secretary, in consultation with the Administrator of the Risk Management Agency, shall investigate the establishment of new crop insurance products to address the multi-year crop revenue risks of agricultural producers.
Original wording
On page 1111, after line 20, add the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 1120. Mr. JOHANNS submitted an amendment intended to be proposed by him to the bill S. 954, to reauthorize agricultural programs through 2018; which was ordered to lie on the table; as follows:
On page 1111, after line 20, add the following:
SEC. __. REPORT ON FARM RISK MANAGEMENT PROGRAMS.
(a) In General.--Not later than December 1, 2014, and each December 1 thereafter until December 1, 2017, the Secretary, acting through the Chief Economist, shall submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a report that analyzes--
(1) the impact of the agriculture risk coverage program under section 1108;
(2) the interaction of that program with--
(A) the adverse market payment program under section 1107;
(B) the marketing loan program under subtitle B of title I;
(C) the supplemental coverage option under section 508(c)(3)(B) of the Federal Crop Insurance Act (7 U.S.C. 1508(c)(3)(B)) (as added by section 11001); and
(D) other Federal crop insurance programs;
(3) any distortion caused by the programs described in paragraphs (1) and (2), and any other farm programs as determined by the Chief Economist, on planting and production decisions; and
(4) any overlap or substitution caused by the programs described in paragraphs (1) and (2)(A) with Federal crop insurance.
(b) Summary.--Not later than June 1, 2018, the Secretary shall submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a summary report that analyzes the issues described in subsection (a) over the period of crop years 2014 through 2017.
(c) New Products.--The Secretary, in consultation with the Administrator of the Risk Management Agency, shall investigate the establishment of new crop insurance products to address the multi-year crop revenue risks of agricultural producers.
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Senate amendment submitted
May 23, 2013